Calendar of Events - Calendar of Events - Board Committee Meetings Today
Facilities Committee
The next meeting is:
Wednesday, December 16, 2009 Agenda/Handouts/Minutes
Time: 5:30 to 6:30 p.m.
Location: Luther Burbank High School
3500 Florin Road, Sacramento, California 95823
Room Number 220
Meeting Schedule January - June 2009
Board of Education Members:
We want to know what you think
Roy Grimes, MPA, MBA, Board President (Area 6)
Patrick Kennedy, Board 2nd Vice President and Committee Chairman (Area 7)
Donald Terry, Board Member (Area 3)
Qualified School Construction Bonds (QSCB) are a U.S. debt instrument created by Section 1521 of the American Recovery and Reinvestment Act of 2009. QSCB funds may be used for the rehabilitation, repair and equipping of schools. QSCBs provide federal income tax credits in lieu of interest to lenders who purchase bonds from eligible school districts. Sacramento City Unified School District has received a direct allocation of $21,251,000 for two years.
The Facilities Committee is seeking your input/comments regarding the establishment of potential projects to be funded by QSCB funds. This topic will also be discussed at the November 17, 2009 Facilities Committee Meeting.
Links for additional information:
California Department of Education Facilities Website – QSCBs
http://www.cde.ca.gov/ls/fa/qs/index.asp